<ul data-eligibleForWebStory="false"><li>The Indian Rupee closed weaker against the US Dollar on Monday, ending the session at Rs 85.99—down 19 paise from Friday’s closing rate.</li><li>The downward move in the rupee is attributed to renewed uncertainty in global trade dynamics, particularly with US President Donald Trump announcing a fresh 30% tariff on imports from the European Union and Mexico.</li><li>Negotiations over possible tariff implications on Indian exports are ongoing, putting pressure on the rupee until talks conclude.</li><li>Foreign fund outflows and strong US job data have further strengthened the dollar, limiting room for rupee recovery in the immediate term.</li></ul>

Rupee Ends Lower Against Dollar As Tariff Jitters Weigh

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